Global Solar PV Systems Market 2017-2021 - Key vendors are Jinko Solar, Trina Solar, SMA Solar Technology, Huawei Technologies & Sungrow - Research and Markets

The "Global Solar PV Systems Market 2017-2021" report has been added to Research and Markets' offering.

The analysts forecast the global solar PV systems market to grow at a CAGR of 20.73% during the period 2017-2021.

Global Solar PV Systems Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the Key vendors operating in this market.

The latest trend gaining momentum in the market is Floating solar PV plant. One of the major challenges in the adoption of solar power systems is the large land space required for their installation.

Countries worldwide are looking to save space while increasing the power generated from renewable sources, such as solar and wind. This has led to the increase in installation of solar panels on water bodies, such as dam reservoirs and canals.

One of the major drivers for this market is Declining cost of solar energy. In the past, the high cost and intermittent nature of renewables were the major hurdles to their adoption.

One solution to the problem of intermittency is energy storage, which not only bridges the gap but is also used to increase the renewable energy penetration in hybrid systems.

Key vendors